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How much is the daily crude oil consumption by India?

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India is now world’s 3rd biggest oil consumer behind USA and China .India has a GDP growth rate of about 7% , thus the consumption of oil is increasing . India consumes nearly 4.13 million barrels of oil per day . read more

In CIS, consumption grew by 7.3% (8.9% in Russia), while rising 4.2% in the Middle East (driven by Saudi Arabia and Kuwait). Each region contributed 8% to the overall increase. Despite this growth, the US remains by far the largest user of oil, consuming more than China in 2010. read more

Oil: In 1990 India imported 37% of oil it consumed while in 2012 it imported a staggering 82% of consumed oil, pushing the import bill to $120 billion and making it the energy source with the highest import dependency. read more

Source: qz.com

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